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Re "Saving Momma From the Train" (Economic View, Nov. 7), in which Richard H. Thaler saw a chance for Republicans to make progress on "fiscal discipline" by dealing with the estate tax issue during the lame-duck session of Congress: What financial discipline?
Recent Spanish difficulties, including slower growth and disappointing progress on fiscal goals, suggest that this ugly scenario is becoming more likely.The fund reckons that growth in America, Japan and emerging Asia could be reduced by more than a percentage point in 2012 and 2013 if the ugly scenario did indeed occur.
Greece will try to raise up to €2.5 billion in an issue of three-month paper on July 20th.In this section Bombmakers bombarded A mirage, not a miracle An uneasy calm Baltic dries up The out-of-towners Defanging China's growth That bloated feeling Easy-money riders ReprintsGreece has also been getting pats on the back from its EU and IMF lenders for its progress on fiscal consolidation.
"Progress on fiscal adjustment has been exceptional by any international comparison," the IMF said in its report, which followed a visit by officials to the country.
The two sides have made progress on fiscal targets, with Greece agreeing to a gradual increase in its primary budget surplus, the amount by which tax revenue exceeds spending after debt interest payments are stripped out.
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The OECD aims to produce firm proposals for reform by 2015, and was due to give an update on its progress on January 23rd, after The Economist went to press.
It will be shown as a work in progress on April 29, April 30 and May 2. (The band and its hair will be performing at the New Orleans Jazz & Heritage Festival on May 2).
Growing doubts over the future of Van Gaal will not affect United's interest in Aubameyang, however, with the club accepting the need to make progress on summer recruitment before a decision is made on the Dutchman.
A four-month workshop phase is to begin May 7 with a public symposium at MoMA P.S. 1, where the public can view the work in progress on June 18 and Sept. 17.
The political changes in Lisbon come as officials from the so-called troika of international creditors — the European Commission, the European Central Bank and the International Monetary Fund — are about to start a review of the country's economic progress on July 15.
The uncertainty in Portugal comes as officials from the so-called troika of international creditors, the European Commission, the European Central Bank and the International Monetary Fund, were scheduled to start a review of the country's economic progress on July 15.
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